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Tuesday, 28 April 2015

Traders seen mispricing oil as spending slump signals crunch

Traders seen mispricing oil as spending slump signals crunch
28 April 2015 - Oil traders are mispricing crude futures for later this decade because they’re underestimating how a collapse in spending will affect supplies, according to consultants who advise energy producers and analysts. Prices could rise to about $100 a barrel by 2019, about 34 percent above where Brent crude oil futures for that […] More »

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